Property Detail

Description

7000 Franklin Ave | 14-Unit Corner Multifamily with Value-Add Upside in the Hollywood Foothills. Built in 1950 on a 10,106 SF LAR4-zoned corner lot with 8,088 SF of improvements, the property features a unit mix of (11) 1-bed/1-bath units and (5) studios, with additional upside through split co-living configurations. The asset is subject to rent control and benefits from separately metered gas and electric utilities. Can be purchased with the two Adjacent properties for $26.1M total. 1775 N Orange and 1769 N Orange. 91 units total